Jaure,Inc ,Manufactures and Sells Two Products: Product H4 and Product

question 157

Essay

Jaure,Inc. ,manufactures and sells two products: Product H4 and Product I3.Data concerning the expected production of each product and the expected total direct labor-hours (DLHs)required to produce that output appear below: The direct labor rate is $29.40 per DLH.The direct materials cost per unit is $244.70 for Product H4 and $206.20 for Product I3.
The company has an activity-based costing system with the following activity cost pools,activity measures,and expected activity: Required:
a.Compute the activity rates under the activity-based costing system.
b.Determine how much overhead would be assigned to each product under the activity-based costing system.
c.Determine the unit product cost of each product under the activity-based costing method.

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within a normal operating cycle.

Ratios

A quantitative relationship between two numbers, showing how many times one value contains or is contained within the other.

Answering Machine

A device that automatically answers telephone calls and records messages from callers.